The market of nitrile rubber rose sharply in September. According to the monitoring of the business community, the price of nitrile rubber at the beginning of the month was 15912 yuan/ton, and at the end of the month was 16925 yuan/ton. The price at the end of the month was 6.36% higher than that at the beginning of the month, and the peak in the month was 17025 yuan/ton. In the early September, the price of raw materials rose sharply, the market supply was tight, and the demand increased slightly, which together promoted the price of nitrile rubber to rise significantly; In the later period, with the price of raw materials falling slightly and the market supply returning to a loose situation, the market of nitrile rubber weakened slightly.

In September, except for the shutdown at the end of the month in Ningbo Shunze, the domestic nitrile rubber plant was basically operating normally. Most enterprises mainly delivered early orders. The market circulation supply was relatively small, and the market supply was tight.

In September, the raw material butadiene rose first and then fell, and the price of acrylonitrile rose significantly. The cost of nitrile rubber was supported. According to the monitoring of the business community, as of September 30, the price of butadiene was 8303 yuan/ton, down 4.14% from 8662 yuan/ton at the beginning of the month, and the monthly high was 9277 yuan/ton; As of September 30, the price of acrylonitrile was 9870 yuan/ton, up 10.90% from 8900 yuan/ton at the beginning of the month.

At the end of August and the beginning of September, power rationing in various regions gradually ended, and the downstream rubber products industry started to increase slightly. In addition, the downstream gradually replenished the inventory in small quantities due to double stocking within a month. The demand has certain support for nitrile rubber.

Future market forecast: NBR analysts from the business community believe that the current cost and demand of NBR have some support. In addition, the pressure on the supply side of Shunze for parking and maintenance is reduced at the end of the month. It is expected that the market of NBR will continue to rise after the festival.